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DRB-Hicom reject offer for Lotus
Tue, 24 Jul 2012DBR-Hicom – owners of Proton and Lotus – have rejected an offer for Lotus and are intent on nursing it back to health. The rumours surrounding the fate of Lotus - especially after the Dany Bahar saga – have been rumbling around the car world for a long time. Will DRB-Hicom – who bought Proton, owners of Lotus, in 2011 – cut and run, or will they see Lotus as a possible jewel in their crown to be nursed back to health?
Ferrari Exhibit: Cavallino Rampante
Tue, 21 Oct 2008On the weekend of October 11, the San Diego Automotive Museum celebrated its 20th Anniversary by hosting a ribbon-cutting ceremony for a special exhibit, Ferrari: Cavallino Rampante - Italy's Prancing Horse. The Saturday evening event was the grand opening reception for 15 rare Ferraris on exhibit, joined by designs created by retired automobile designers and local high school students. The extravagant evening celebration also served as a finale of two-day Ferrari Road Rally event, inviting owners of Ferraris from various eras to show their cars - which ranged from a 1967 275 GTB and 1968 Dino to a 360 Challenge Stradale. Over a dozen Ferraris parked in front of the museum served as a pleasant prelude to some of marque's memorable examples displayed inside: a collection of rare Ferraris that includes a 1952 212 Europa, 1955 250 Boano Prototipo, 1956 250 GT Zagato, 1957 250 Testarossa, 1959 410 Super America and 1965 275 GTB/Competizione.
Barclays bids bye-bye to 'Boris Bikes'
Wed, 11 Dec 2013BARCLAYS is to end its sponsorship of the so-called Boris Bikes, introduced by London Mayor Boris Johnson to the capital in 2010. The bank's logo has adorned the blue cycles since their introduction three years ago.But Transport for London (TfL) will be forced to look for a new sponsor after Barclays announced plans to discontinue with the deal at the end of its contract in 2015. The bikes were launched amid much fanfare in August 2010, with nearly a million journeys made within the first 10 weeks of the scheme being rolled out.